The purpose of this Request for Proposals is to obtain competitive proposals from qualified individuals or firms, to facilitate the development of an Economic Development Strategic Plan for the City of Wooster, Ohio.read more
The Wayne Economic Development Council (WEDC) is a public-private partnership dedicated to economic development and strategic business and job growth in Wayne County and Northeast Ohio.read more
The U.S. Economic Development Agency selected a MAGNET-led effort as one of 60 national finalists, and the only in Ohio, for the Build Back Better Regional Challenge (BBBRC) grant. The coalition’s proposal outlines ways to fortify supply chain resilience through the growth of smart manufacturing and advanced materials and a sharp eye toward equitable outcomes. The phase 1 grant will support further planning of projects across Northeast Ohio, including remote health monitoring device development, the deployment of smart sensors throughout Lake Erie’s ports and waterways, and a commercialization facility to innovate and test new smart materials.read more
Sara Zeigler Ohio Department of Development A 10-session training program helps meet the needs of small and medium-sized businesses interested in expanding into global markets. The program, called Export Success, can help companies develop plans to...read more
As JobsOhio reflects on its nearly 10-year partnership with the Ohio Economic Development Association, it is truly a “decade of difference, together.” On behalf of JobsOhio, we thank OEDA and its members for a valued collaboration.read more
The International Market Access Grant for Exporters (IMAGE) provides eligible businesses a 50% reimbursement of up to $10,000 for activities that promote international business.read more
Ohio Basic Economic Development Course: OEDI will once again be conducting the Ohio Basic Economic Development Course, which covers a broad range of topics for those who are new to the profession or who want to get a quick Update. The 2022 Ohio Basic Economic Development Course will take place in person April 6 – 8, 2022, at the Marriott Columbus Northwest.
Ohio Economic Development Core Courses: In addition to the Ohio Basic Economic Development Course, OEDI will offer the five Core Courses, which cover the basic skills for economic development professionals, including Real Estate Development, Finance and Incentives, Business Retention and Expansion and Site Development and Attraction, and Workforce and Talent.read more
Pending ARPA changes to expand and add new eligible uses of funds: Legislation currently under consideration in the Congress may serve to dramatically expand the eligible uses of ARPA funds. The proposed State, Local, Tribal, and Territorial Fiscal Recovery, Infrastructure, and Disaster Relief Flexibility Act does not add new appropriations under ARPA, but rather frees-up funding for (i) those governments which had no or low revenue impacts from COVID-19, (ii) emergency funding related to natural disasters, and (iii) an expanded list of infrastructure projects.read more
New Loan Programs for Minority & Women-owned Businesses: ODOD has added to its portfolio two loan programs to support minority- and women-owned businesses: the (i) Women’s Business Enterprise Loan Program and (ii) Ohio Micro-Enterprise Loan Program. Included within the state budget bill (HB110, whose other elements are described in detail, below), the new program offerings are as follows:read more
Um, excuse me, is now an okay time to talk about inflation? We have been reporting here during 2021 that consumer price index increases seen in year-over-year measures each month were not of concern to the Federal Reserve and most economists. Um, that view may be changing as the Consumer Price Index rose 5.4% in September from one year ago.
Those same officials are worried as rapid price increases, seen each month for several months this year, has consumers paying more for meat, eggs, gasoline, furniture, and rent. The latter cost – housing rent – has officials worried the most, as it is an important indicator of inflation and once rents increase, they tend to stay high for lengthy periods.read more
No updates this month, as Ohio General Assembly largely had been on recess and electoral redistricting has consumed all oxygen in the room.read more
$1T federal infrastructure bill remains mired for next 6 weeks in U.S. House: The Senate-approved federal infrastructure bill has been in the House since August 10. Having chosen to couple that measure with the larger so-called American Family Plan’s $3.5T economic policy bill, the House is facing intra-Democratic party divisions in the context of the latter, far larger piece of legislation.read more
Please join Montrose Group for a free webinar to learn about Ohio’s new Transformational Mixed-Use Development (TMUD) program that can spur growth in urban and rural markets. Recently, the Ohio General Assembly passed and Governor DeWine signed into law Senate Bill 39 to create the Ohio’s TMUD program providing $100M in tax credits for large-scale mixed-use projects.
Montrose Group’s 2020 Virtual Rural Corporate Site Location Summit on Wednesday, December 9, 2020 from 2:00PM-5:00PM will explore how private companies can create high-wage jobs and make capital investments in rural markets through the development of Public-Private-Partnerships. Montrose Group is a national consulting company providing corporate site location, economic development planning, lobbying and site development services such as land use entitlements, infrastructure finance and tax incentive services.